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Re: Re: [FAQ] Is BitCoin a Ponzi or pyramid scheme? (Newbie-Friendly)
by
odolvlobo
on 20/01/2013, 04:09:38 UTC
I figured everything out when I took a walk this afternoon. Cool

I'm not so sure...

Anyway, if you have to pick ponzi or pyramid, bitcoin is a classic pyramid scheme because all the information is available and members make money by finding new members.

However, this is true for any commodity. Housing is a pyramid scheme! If you want to make money in housing, get more people interested in owning a house. Yep, it should be illegal to own a house.